Behind the UK-China-EU menage a trois
October 20, 2015--"Let's stick together and make a golden decade for both our countries," said UK Chancellor of the Exchequer George Osborne.
Indeed, the "Osborne Doctrine" preceded President Xi Jinping's UK state visit in September, when the Chancellor visited China and announced the British governmen'’s intention to make the UK China's "best partner in the West."
Source: euobserver.com
Liquidity Rules Make Liquid Assets Less Liquid
October 20, 2015--New liquidity requirements are turning banks into hoarders, according to analysis by Interactive Data Corp.
Research by the data provider found that banks are stockpiling high-quality, liquid assets to comply with new bank liquidity risk-management rules passed after the financial crisis.
Source: Wall Street Journal
Challenges ahead for Islamic finance as crude prices drop
October 20, 2015--The fast-growing Islamic finance industry is facing headwinds from the oil price plunge amid rapid regulatory changes, and lack of integration, Standard and Poor's Ratings Services said on Monday.
"We think Islamic finance growth will drop to single digits in 2016 from between 10 per cent and 15 per cent over the past decade," S&P said in a report. The ratings agency said that such rapid growth had seen the Islamic finance industry exceed an estimated $2 trillion in value.
Source: khaleejtimes.com
World Gold Council-Gold in a multicurrency reserve system
October 20, 2015--For many decades, the US dollar has been the main reserve currency worldwide and it still accounts for more than 50% of international reserves.
However, its share has been gradually declining, while that of other currencies, like the Chinese RMB, has grown, signalling the potential emergence of a multicurrency reserve system.
The Gold in a multicurrency reserve system report examines recent developments in the global macroeconomic landscape and their implications for the international monetary system.
view the Gold in a multicurrency reserve system report
Source: World Gold Council
EY Global ETF Survey 2015-ETFs: a positive force for disruption
October 20, 2015--Our latest global survey of the ETF industry was conducted against a far less stable backdrop than in previous years. So it was striking to find that interviewees remain extremely confident about their prospects for growth.
A weighted average of global responses suggests that respondents expect their businesses to grow by around 18% every year for the next three to five years.
The industry's increasing size is not without its drawbacks. Chief among these is an ever'growing level of external attention.
view the EY Global ETF Survey 2015-ETFs: a positive force for disruption
Source: EY (Ernst & Young Global Limited)
Infographic-Visualizing the Emerging Markets of the Future
October 20, 2015--China's rapid pace of growth is slowing, and no one knows if India can become the next China. So who will lead global economic growth?
Source: visualcapitalist.com
Infographic-The Internet of Things and Our Mobile Future
October 20, 2015--By the time you finish reading this infographic, there will be 3,810 new devices connected to the internet of things.
Source: visualcapitalist.com
Supporting information for implementation of the countercyclical capital buffer published by the Basel Committee
October 19, 2015--To promote consistent implementation of the Basel III countercyclical capital buffer
the Basel Committee on Banking Supervision has issued frequently asked questions and other supporting information.
view the Frequently asked questions on the Basel III Countercyclical Capital Buffer
Source: BIS
Infographic-China vs. United States: A Tale of Two Economies
October 19, 2015--Today's infographic looks at the economic differences between China and the United States: total reserves, GDP per capita, demographics, and much more.
Source: visualcapitalist.com
Infographic-Gold: Off to the Races, or Just Another False Start?
October 16, 2015--This week, gold made a technical breakthrough past its 200--day moving average. We look at past occurrences of this event, and the
potential consequences. view infographic
Source: visualcapitalist.com